hi guys, I analysed the spreadsheet, and could'nt get the solution to the numbers for the cash outlay and equity accrued. Could anyone please help me on the calculations (cash outlay and equity accrued) with the sprea...
I have an opportunity to buy a home, which I plan to renovate for a flip but I want to avoid using my cash as a down payment if I can. This way I have the cash for the reno and I don't sink it into a down payment. I a...
I am working on the following deals with a buy and hold exit strat of 1-2 years:
Deal One:
REO (On Market Dec 07-offer fell through-Back on Market 12 Jan 08)
2 Bed 1 bath w/ garage
.17 Acres
Listed $189,900
Comps /F...
Hey BP!
Quick math/thought process question - I'm under contract on a $118k SFR. My lender says if I put 20% down, I'll pay 0.5 points for a 3.875% rate, and if I put 25% down, I'll pay 0 points for a 3.5% rate. Math...
Warning: Newbie questions contained below :)I have been testing the BRRRR Calculator and my train of thought tells me two values should be calculated differently.Calculation 1: Rehab - Total Cash OutlayCurrently this ...
When calculating ROI with this strategy is it simply NOI/Cash outlay, or should it be thisNOI/(Cash outlay-cash out refi)? So here is an example.NOI=$325/month 3,900/yrCash outlay=62,500krefinance cash out=40,000kWo...
I am asking this honest question as a newbie, and I hope I will get some honest replies. I don't know a whole lot about REI, so I hope someone will correct me where my thinking is wrong. I am interested in buying my f...
You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . . Let's say you already know the approximate...
Hellomy Brrrr house spends high utility bills($400 per month in Easten canada) and I'm thinking putting 2 inch foam insulation under siding when i install new siding. Talents are paying their own utility bills.do you ...
Hi there! My name is Kaden, and I am somewhat of a real estate newbie. I held a Colorado real estate license several years ago, but unfortunately, I never did much with it. Currently, I run a small brand and marketing...